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dc.contributor.advisorDavid Hardt and Rahul Mazumder.en_US
dc.contributor.authorShirey, Eamonn Samuel.en_US
dc.contributor.otherSloan School of Management.en_US
dc.contributor.otherMassachusetts Institute of Technology. Department of Mechanical Engineering.en_US
dc.contributor.otherLeaders for Global Operations Program.en_US
dc.date.accessioned2019-10-11T22:25:32Z
dc.date.available2019-10-11T22:25:32Z
dc.date.copyright2019en_US
dc.date.issued2019en_US
dc.date.issued2019en_US
dc.identifier.urihttps://hdl.handle.net/1721.1/122603
dc.descriptionThesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2019, In conjunction with the Leaders for Global Operations Program at MITen_US
dc.descriptionThesis: S.M., Massachusetts Institute of Technology, Department of Mechanical Engineering, 2019, In conjunction with the Leaders for Global Operations Program at MITen_US
dc.descriptionCataloged from PDF version of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 65-66).en_US
dc.description.abstractThe principle driver of maintenance costs for commercial jet engines is the replacement of components that, upon inspection, are determined to be damaged beyond their repairable limits. In order to better predict the lifetime cost of maintaining engines through its flight hour agreement program, Pratt & Whitney aims to predict the probability of needing to replace these parts using information about how an engine has been used. Using historical repair records, we study a suite of statistical models and evaluate their performance in predicting part replacement rates. Despite a preference for interpretable models, we conclude that a random forest approach provides drastically more accurate predictions. We also consider the wider business implications of improved part replacement predictions, particularly as they pertain to forecasting material requirements and reducing volatility upstream in the supply chain.en_US
dc.description.statementofresponsibilityby Eamonn Samuel Shirey.en_US
dc.format.extent66 pagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsMIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectSloan School of Management.en_US
dc.subjectMechanical Engineering.en_US
dc.subjectLeaders for Global Operations Program.en_US
dc.titlePredicting jet engine component wear to enable proactive fleet maintenanceen_US
dc.typeThesisen_US
dc.description.degreeM.B.A.en_US
dc.description.degreeS.M.en_US
dc.contributor.departmentSloan School of Managementen_US
dc.contributor.departmentMassachusetts Institute of Technology. Department of Mechanical Engineeringen_US
dc.contributor.departmentLeaders for Global Operations Programen_US
dc.identifier.oclc1119537991en_US
dc.description.collectionM.B.A. Massachusetts Institute of Technology, Sloan School of Managementen_US
dc.description.collectionS.M. Massachusetts Institute of Technology, Department of Mechanical Engineeringen_US
dspace.imported2019-10-11T22:25:32Zen_US
mit.thesis.degreeMasteren_US
mit.thesis.departmentSloanen_US
mit.thesis.departmentMechEen_US


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